JOB CREATION POTENTIAL Report Says Shale-Gas Development Could Support 58,000 Jobs By 2035
Reported by: Associated Press
Web Producer: Jeff Morris
Reported: Dec. 19, 2012 11:55 AM EST
Eyewitness News Photo
Charleston
, Kanawha County
, West Virginia
A new report by a group affiliated with the U.S. Chamber of Commerce says shale-gas development could support more than 29,000 jobs in West Virginia by 2020, doubling to 58,000 by the year 2035.
The report released Wednesday by the Chamber's Institute for 21st Century Energy says the natural gas industry has already created more than 11,800 direct and indirect jobs in the state.
It also projects that shale gas development will generate $283 million in revenue this year for state and local governments. And it says those revenues could hit $884 million a year by 2020.
The report is the second part of a three-part study co-sponsored by the institute.
In all, it predicts West Virginia could see more than $25 billion in shale-driven revenues between 2012 and 2035.
Homeless woman killed by train in New River Gorge May 21, 2013 10:01 AM EDT The National Park Service and CSX are investigating the death of a homeless woman who was hit by a train in the New River Gorge National River.
N. Ky. health department stops well-child exams May 21, 2013 10:13 AM EDT The health department in northern Kentucky says it plans to stop offering well-child visits because Medicaid no longer offers reimbursement for them.
Former IRS commissioner heads to Hill amid scandal May 21, 2013 8:54 AM EDT The former head of the Internal Revenue Service heads to Capitol Hill on Tuesday, giving lawmakers their first opportunity to question the man who ran the agency when agents were improperly targeting tea party groups.
Associated Press
